​

Hess (HES) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChart

HES Stock Forecast

Hess stock forecast is as follows: an average price target of $169.00 (represents a 32.04% upside from HES’s last price of $127.99) and a rating consensus of 'Hold', based on 11 wall street analysts offering a 1-year stock forecast.

HES Price Target

The average price target for Hess (HES) is $169.00 based on 1-year price targets from 11 Wall Street analysts in the past 3 months, with a price target range of $199.00 to $145.00. This represents a potential 32.04% upside from HES's last price of $127.99.

HES Analyst Ratings

Hold

According to 11 Wall Street analysts, Hess's rating consensus is 'Hold'. The analyst rating breakdown for HES stock is 0 'Strong Buy' (0.00%), 5 'Buy' (45.45%), 6 'Hold' (54.55%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Hess Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 09, 2024Roger ReadWells Fargo$193.00$143.4634.53%50.79%
Nov 19, 2024Nitin KumarMizuho Securities$199.00$134.4048.07%55.48%
Oct 31, 2024Stewart GlickmanCFRA$145.00$134.487.82%13.29%
Oct 10, 2024Paul ChengScotiabank$167.00$138.4820.60%30.48%
Oct 04, 2024Phillip JungwirthBMO Capital$160.00$140.8713.58%25.01%
Oct 01, 2024Ryan ToddPiper Sandler$167.00$138.3720.69%30.48%
Sep 30, 2024Doug LeggateWolfe Research$150.00$134.5911.45%17.20%
Aug 02, 2024Justin JenkinsRaymond James$174.00$141.2323.20%35.95%
Jul 22, 2024Biju PerincherilSusquehanna$166.00$151.479.59%29.70%
Mar 20, 2024Nitin KumarMizuho Securities$205.00$149.3337.28%60.17%
Jan 10, 2023Wells Fargo$162.00$144.8711.82%26.57%
Dec 19, 2022Piper Sandler$156.00$133.0117.28%21.88%
Dec 07, 2022Barclays$155.00$135.6114.30%21.10%
Nov 11, 2022Piper Sandler$164.00$139.8417.28%28.14%
Apr 28, 2022Wells Fargo$135.00$103.2230.78%5.48%
Apr 25, 2022Susquehanna$138.00$106.4529.64%7.82%
Apr 25, 2022Raymond James$140.00$106.4531.52%9.38%
Apr 22, 2022Morgan Stanley$137.00$108.8425.87%7.04%
Mar 28, 2022HessBarclays$92.00$107.42-14.35%-28.12%
Jan 03, 2022Scott GruberCitigroup$89.00$76.5016.34%-30.46%
Dec 14, 2021Josh SilversteinWolfe Research$96.00$75.8926.50%-24.99%
Nov 17, 2021Lloyd ByrneUBS$96.00$79.3321.01%-24.99%
Oct 26, 2021John FreemanRaymond James$112.00$88.5426.50%-12.49%
Oct 22, 2021Ryan ToddPiper Sandler$117.00$88.0132.94%-8.59%
Oct 13, 2021David DeckelbaumCowen & Co.$86.00$88.61-2.95%-32.81%
Sep 28, 2021Phillip JungwirthBMO Capital$105.00$78.1034.44%-17.96%
Jul 29, 2021John GerdesMKM Partners$112.00$76.8445.76%-12.49%
Jun 21, 2021Bob BrackettBernstein$120.00$89.4534.15%-6.24%

The latest Hess stock forecast, released on Dec 09, 2024 by Roger Read from Wells Fargo, set a price target of $193.00, which represents a 34.53% increase from the stock price at the time of the forecast ($143.46), and a 50.79% increase from HES last price ($127.99).

Hess Price Target by Period

1M3M12M
# Anlaysts2710
Avg Price Target$196.00$168.71$172.60
Last Closing Price$127.99$127.99$127.99
Upside/Downside53.14%31.81%34.85%

In the current month, the average price target of Hess stock is $196.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 53.14% increase as opposed to Hess's last price of $127.99. This month's average price target is up 16.18% compared to last quarter, and up 13.56% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 09, 2024Wells FargoOverweightOverweightUpgrade
Oct 31, 2024CFRAHoldHoldHold
Oct 18, 2024SusquehannaNeutralNeutralHold
Oct 10, 2024ScotiabankSector PerformSector PerformHold
Oct 04, 2024BMO CapitalOutperformOutperformHold
Oct 01, 2024Piper SandlerOverweightOverweightHold
Sep 30, 2024Wolfe ResearchPeer PerformOutperformUpgrade
Aug 02, 2024BernsteinOutperformMarket PerformDowngrade
Jul 22, 2024SusquehannaNeutralNeutralHold
Jul 17, 2024Wolfe ResearchOutperformPeer PerformInitialise
Jun 05, 2024CitigroupNeutralNeutralHold
Apr 18, 2024Piper SandlerOverweightOverweightHold
Feb 26, 2024HSBCNeutralNeutralHold
Oct 17, 2023BernsteinOutperformOutperformHold
Jan 12, 2023Wolfe ResearchOutperformUpgrade
Jan 10, 2023Wells FargoOverweightOverweightHold
Dec 19, 2022Piper SandlerOverweightOverweightHold
Dec 07, 2022BarclaysOverweightOverweightHold
Apr 28, 2022Wells FargoOverweightOverweightHold
Mar 28, 2022BarclaysOverweightOverweightHold

Hess's last stock rating was published by Wells Fargo on Dec 09, 2024. The company gave HES a "Overweight" rating, the same as its previous rate.

Hess Financial Forecast

Hess Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$3.01B$2.80B$2.29B$2.41B$2.93B$3.12B$2.96B$2.31B$2.24B$1.76B$1.58B$1.90B$1.32B$1.16B$833.00M$1.35B$1.68B$1.58B
Avg Forecast$3.99B$3.97B$3.80B$3.48B$3.34B$3.21B$3.02B$2.94B$2.95B$2.96B$3.27B$2.98B$2.78B$2.64B$2.32B$2.47B$2.70B$2.79B$2.61B$2.01B$1.92B$1.52B$1.49B$1.62B$1.16B$1.17B$950.64M$1.42B$1.54B$1.52B
High Forecast$4.16B$4.14B$3.96B$3.63B$3.48B$3.34B$3.15B$3.02B$3.04B$3.09B$3.29B$2.98B$2.92B$2.98B$2.42B$2.57B$2.82B$2.79B$2.61B$2.01B$1.92B$1.52B$1.49B$1.62B$1.16B$1.17B$950.64M$1.42B$1.54B$1.52B
Low Forecast$3.85B$3.83B$3.67B$3.35B$3.22B$3.09B$2.91B$2.84B$2.91B$2.82B$3.25B$2.98B$2.69B$2.11B$2.24B$2.38B$2.60B$2.79B$2.61B$2.01B$1.92B$1.52B$1.49B$1.62B$1.16B$1.17B$950.64M$1.42B$1.54B$1.52B
# Analysts2222111431224115954475510751599168
Surprise %------------1.08%1.06%0.99%0.98%1.09%1.12%1.13%1.15%1.17%1.16%1.06%1.17%1.14%0.99%0.88%0.95%1.09%1.04%

Hess's average Quarter revenue forecast for Mar 24 based on 2 analysts is $2.98B, with a low forecast of $2.98B, and a high forecast of $2.98B. HES's average Quarter revenue forecast represents a -0.91% decrease compared to the company's last Quarter revenue of $3.01B (Dec 23).

Hess EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111431224115954475510751599168
EBITDA------------$1.34B$1.43B$1.07B$1.22B$1.56B$1.54B$1.59B$1.14B$996.00M$732.00M$552.00M$492.00M$2.17B$-120.00M$-210.00M$-2.40B$-8.00M$-6.00M
Avg Forecast$1.49B$1.48B$1.42B$1.30B$1.25B$1.20B$1.13B$1.10B$1.10B$1.10B$1.22B$1.10B$1.04B$987.20M$868.07M$1.00B$897.78M$1.27B$1.19B$912.42M$874.24M$693.38M$681.25M$404.20M$530.58M$534.04M$433.78M$-2.58B$702.79M$693.28M
High Forecast$1.55B$1.55B$1.48B$1.36B$1.30B$1.25B$1.18B$1.13B$1.14B$1.16B$1.23B$1.32B$1.09B$1.11B$905.03M$1.20B$1.08B$1.27B$1.19B$1.09B$874.24M$693.38M$681.25M$485.04M$530.58M$534.04M$433.78M$-2.07B$702.79M$693.28M
Low Forecast$1.44B$1.43B$1.37B$1.25B$1.20B$1.16B$1.09B$1.06B$1.09B$1.05B$1.22B$883.23M$1.00B$786.88M$836.94M$802.93M$718.23M$1.27B$1.19B$729.94M$874.24M$693.38M$681.25M$323.36M$530.58M$534.04M$433.78M$-3.10B$702.79M$693.28M
Surprise %------------1.29%1.45%1.23%1.21%1.74%1.21%1.33%1.25%1.14%1.06%0.81%1.22%4.08%-0.22%-0.48%0.93%-0.01%-0.01%

2 analysts predict HES's average Quarter EBITDA for Mar 24 to be $1.10B, with a high of $1.32B and a low of $883.23M. This is -17.36% lower than Hess's previous annual EBITDA (Dec 23) of $1.34B.

Hess Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111431224115954475510751599168
Net Income------------$413.00M$504.00M$119.00M$346.00M$624.00M$515.00M$667.00M$417.00M$356.00M$115.00M$-73.00M$252.00M$-97.00M$-243.00M$-320.00M$-2.43B$-222.00M$-212.00M
Avg Forecast$966.63M$850.46M$872.99M$787.70M$705.78M$592.11M$521.71M$516.55M$508.45M$550.92M$790.99M$428.66M$448.11M$381.41M$158.80M$389.69M$238.87M$576.22M$660.87M$354.27M$225.41M$78.57M$43.82M$207.03M$-202.55M$-207.19M$-351.19M$-2.62B$-157.11M$-103.34M
High Forecast$1.02B$897.53M$921.31M$831.30M$744.85M$624.89M$550.59M$650.04M$563.25M$581.41M$791.05M$514.39M$510.79M$622.65M$167.59M$467.63M$286.64M$576.22M$660.87M$425.12M$225.41M$78.57M$43.82M$248.44M$-202.55M$-207.19M$-351.19M$-2.10B$-157.11M$-103.34M
Low Forecast$921.58M$810.81M$832.30M$750.98M$672.88M$564.51M$497.40M$377.26M$484.10M$525.24M$790.94M$342.93M$401.11M$195.60M$151.39M$311.75M$191.09M$576.22M$660.87M$283.41M$225.41M$78.57M$43.82M$165.62M$-202.55M$-207.19M$-351.19M$-3.14B$-157.11M$-103.34M
Surprise %------------0.92%1.32%0.75%0.89%2.61%0.89%1.01%1.18%1.58%1.46%-1.67%1.22%0.48%1.17%0.91%0.93%1.41%2.05%

Hess's average Quarter net income forecast for Mar 24 is $428.66M, with a range of $342.93M to $514.39M. HES's average Quarter net income forecast represents a 3.79% increase compared to the company's last Quarter net income of $413.00M (Dec 23).

Hess SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111431224115954475510751599168
SG&A------------$168.00M$811.00M$655.00M$739.00M$937.00M$1.09B$938.00M$792.00M$758.00M$598.00M$406.00M$612.00M$363.00M$305.00M$145.00M$480.00M$559.00M$513.00M
Avg Forecast$1.25B$1.24B$1.19B$1.09B$1.04B$1.00B$946.34M$918.82M$922.46M$925.04M$1.02B$814.15M$869.13M$826.97M$727.18M$740.13M$683.25M$728.35M$681.36M$672.85M$499.76M$396.37M$389.43M$502.79M$303.31M$305.28M$247.97M$516.92M$401.75M$396.32M
High Forecast$1.30B$1.30B$1.24B$1.14B$1.09B$1.05B$986.64M$945.84M$952.60M$968.09M$1.03B$976.98M$913.06M$931.51M$758.14M$888.16M$819.90M$728.35M$681.36M$807.42M$499.76M$396.37M$389.43M$603.35M$303.31M$305.28M$247.97M$620.31M$401.75M$396.32M
Low Forecast$1.20B$1.20B$1.15B$1.05B$1.01B$967.74M$912.41M$888.79M$910.40M$881.99M$1.02B$651.32M$840.89M$659.17M$701.10M$592.11M$546.60M$728.35M$681.36M$538.28M$499.76M$396.37M$389.43M$402.23M$303.31M$305.28M$247.97M$413.54M$401.75M$396.32M
Surprise %------------0.19%0.98%0.90%1.00%1.37%1.50%1.38%1.18%1.52%1.51%1.04%1.22%1.20%1.00%0.58%0.93%1.39%1.29%

Hess's average Quarter SG&A projection for Mar 24 is $814.15M, based on 2 Wall Street analysts, with a range of $651.32M to $976.98M. The forecast indicates a 384.61% rise compared to HES last annual SG&A of $168.00M (Dec 23).

Hess EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts2222111431224115954475510751599168
EPS------------$1.34$1.64$0.39$1.13$2.04$1.67$2.15$1.34$1.15$0.37$-0.24$0.82$-0.32$-0.79$-1.04$-7.92$-0.73$-0.67
Avg Forecast$3.14$2.76$2.83$2.55$2.29$1.92$1.69$1.68$1.65$1.79$2.57$1.71$1.45$1.24$0.52$1.03$1.63$1.87$2.14$1.12$0.73$0.25$0.14$0.33$-0.66$-0.67$-1.14$-0.63$-0.51$-0.34
High Forecast$3.31$2.91$2.99$2.70$2.42$2.03$1.79$2.11$1.83$1.89$2.57$1.78$1.66$2.02$0.54$1.08$1.72$1.87$2.14$1.12$0.73$0.25$0.14$0.33$-0.66$-0.67$-1.14$-0.63$-0.51$-0.34
Low Forecast$2.99$2.63$2.70$2.44$2.18$1.83$1.61$1.22$1.57$1.70$2.57$1.64$1.30$0.63$0.49$0.98$1.55$1.87$2.14$1.12$0.73$0.25$0.14$0.33$-0.66$-0.67$-1.14$-0.63$-0.51$-0.34
Surprise %------------0.92%1.33%0.76%1.10%1.25%0.89%1.00%1.19%1.57%1.46%-1.66%2.46%0.48%1.18%0.91%12.63%1.43%2.01%

According to 2 Wall Street analysts, Hess's projected average Quarter EPS for Mar 24 is $1.71, with a low estimate of $1.64 and a high estimate of $1.78. This represents a 27.60% increase compared to HES previous annual EPS of $1.34 (Dec 23).

Hess Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CIVICivitas Resources$44.99$82.1782.64%Buy
DVNDevon Energy$32.17$50.5056.98%Buy
COPConocoPhillips$98.26$142.0044.51%Buy
PRPermian Resources$13.97$20.0043.16%Buy
FANGDiamondback Energy$160.14$221.8238.52%Buy
MTDRMatador Resources Company$55.69$74.6734.08%Buy
APAAPA$21.05$28.0833.40%Buy
CTRACoterra Energy$24.52$32.5032.54%Buy
HESHess$134.41$169.0025.73%Hold
MGYMagnolia Oil & Gas$24.24$29.0019.64%Buy
EOGEOG Resources$123.15$147.0019.37%Buy
ARAntero Resources$31.59$35.2511.59%Buy
EQTEQT$44.20$43.75-1.02%Buy

HES Forecast FAQ

Is Hess a good buy?

No, according to 11 Wall Street analysts, Hess (HES) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 5 'Buy' recommendations, accounting for 45.45% of HES's total ratings.

What is HES's price target?

Hess (HES) average price target is $169 with a range of $145 to $199, implying a 32.04% from its last price of $127.99. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Hess stock go up soon?

According to Wall Street analysts' prediction for HES stock, the company can go up by 32.04% (from the last price of $127.99 to the average price target of $169), up by 55.48% based on the highest stock price target, and up by 13.29% based on the lowest stock price target.

Can Hess stock reach $200?

HES's average twelve months analyst stock price target of $169 does not support the claim that Hess can reach $200 in the near future.

What is Hess's current price target trend?

2 Wall Street analysts forecast a $196 price target for Hess (HES) this month, up 53.14% from its last price of $127.99. Compared to the last 3 and 12 months, the average price target increased by 31.81% and increased by 34.85%, respectively.

What are Hess's analysts' financial forecasts?

Hess's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $12.5B (high $13B, low $12.06B), average EBITDA is $4.67B (high $4.86B, low $4.51B), average net income is $2.34B (high $2.57B, low $2.11B), average SG&A $3.91B (high $4.07B, low $3.78B), and average EPS is $7.58 (high $8.34, low $6.85). HES's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.24B (high $15.89B, low $14.7B), average EBITDA is $5.7B (high $5.94B, low $5.49B), average net income is $3.48B (high $3.67B, low $3.32B), average SG&A $4.77B (high $4.97B, low $4.6B), and average EPS is $11.28 (high $11.9, low $10.75).

Did the HES's actual financial results beat the analysts' financial forecasts?

Based on Hess's last annual report (Dec 2023), the company's revenue was $10.51B, beating the average analysts forecast of $10.21B by 2.95%. Apple's EBITDA was $4.94B, beating the average prediction of $3.9B by 26.86%. The company's net income was $1.38B, beating the average estimation of $1.38B by 0.29%. Apple's SG&A was $527M, missing the average forecast of $3.16B by -83.34%. Lastly, the company's EPS was $4.49, beating the average prediction of $4.23 by 6.09%. In terms of the last quarterly report (Dec 2023), Hess's revenue was $3.01B, beating the average analysts' forecast of $2.78B by 8.44%. The company's EBITDA was $1.34B, beating the average prediction of $1.04B by 28.77%. Hess's net income was $413M, missing the average estimation of $448.11M by -7.84%. The company's SG&A was $168M, missing the average forecast of $869.13M by -80.67%. Lastly, the company's EPS was $1.34, missing the average prediction of $1.45 by -7.81%